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Wiik PCL (BKK:WIIK) Receivables Turnover : 0.77 (As of Dec. 2024)


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What is Wiik PCL Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Wiik PCL's Revenue for the three months ended in Dec. 2024 was ฿330 Mil. Wiik PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿429 Mil. Hence, Wiik PCL's Receivables Turnover for the three months ended in Dec. 2024 was 0.77.


Wiik PCL Receivables Turnover Historical Data

The historical data trend for Wiik PCL's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wiik PCL Receivables Turnover Chart

Wiik PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 3.32 3.35 2.88 3.34

Wiik PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.78 0.77 0.87 0.77

Competitive Comparison of Wiik PCL's Receivables Turnover

For the Building Products & Equipment subindustry, Wiik PCL's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wiik PCL's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wiik PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wiik PCL's Receivables Turnover falls into.


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Wiik PCL Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Wiik PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1330.11 / ((387.275 + 408.955) / 2 )
=1330.11 / 398.115
=3.34

Wiik PCL's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=329.937 / ((448.119 + 408.955) / 2 )
=329.937 / 428.537
=0.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wiik PCL  (BKK:WIIK) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Wiik PCL Receivables Turnover Related Terms

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Wiik PCL Business Description

Traded in Other Exchanges
Address
90 CW Tower B, Ratchadapisek Road, 21st Floor, Huaykwang, Bangkok, THA, 10310
Wiik PCL is principally engaged in the manufacture and distribution of high-density polyethylene pipe and related certain fittings. The company comprises of two main business segments -The production distribution and pipe installation services segment is a part manufacture distribution and provide welding services for the product of high density polyethylene pipe and fittings, Low Density Polyethylene pipe, Polypropylene pipe, Polybutylene pipe, Spiro pipe, Polyvinylchloride and Polypropylene pipe and fitting generating majority revenue. And second is the water management segment is a part which is water management, water distribution and water supply system, design construction and operation of water supply system/ of Production, distribution and pipe installation services.

Wiik PCL Headlines

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